Artificial Intelligence
DZS and Andorix Help Global Real Estate Company Complete Fiber-based Smart Building Transformation
PLANO, Texas, May 12, 2021 (GLOBE NEWSWIRE) — DZS (NASDAQ: DZSI), a global leader of packet-based mobile transport, broadband access, network orchestration and cloud-native automation solutions, today announced that QuadReal Property Group (QuadReal) has leveraged DZS FiberLAN technology as a cornerstone for the successful fiber-based digital transformation of its commercial properties across Canada. Supported by Canadian systems integrator and DZS Elite partner Andorix, QuadReal has broadly implemented a world-class, converged Passive Optical LAN infrastructure from DZS to improve its customer experience, unlock significant CAPEX and OPEX savings and future-proof its Canadian portfolio of properties for the emerging hyper-connected world featuring multi-gigabit data rates, 5G services and smart buildings and spaces.
“We are excited to be working closely with DZS and Andorix to pioneer the deployment of Passive Optical LAN as the technology of choice to support base-building and tenant services in both new and existing properties,” said Thano Lambrinos, Vice President, Smart Building Technology & Digital Innovation at QuadReal. “With fiber-based digital connectivity foundations, we can enable smart building outcomes. These can dramatically improve operational efficiency and productivity, enhance sustainability and reduce our carbon footprint. They also decrease operational and cyber risk and deliver unique services that enhance the customer experience and allow us to differentiate our properties in the market.”
To date, QuadReal has performed one of the largest rollouts of Passive Optical LAN in both existing and new buildings among North American real estate firms. Its FiberLAN deployment across over 40 of its North American assets enables the company to integrate building services such as video surveillance, HVAC, access control, public Wi-Fi, Internet of Things sensors/devices and other smart building systems both existing and planned. This unified network enables QuadReal to have access to aggregated and integrated data and analytics that can help improve operations and ultimately better serve customers and tenants.
“Commercial property and enterprise facility trends like the explosion of Internet of Things (IoT) adoption, the rise of 5G and private LTE, and the emergence of artificial intelligence (AI) and smart building innovation are all driving a surge in network traffic growth alongside the need for always-on access,” said Jay Hilbert, Executive President of AEMEA Sales at DZS. “With DZS’ enterprise optical LAN solutions, which leverage our deep heritage in fiber access and customer premises equipment, QuadReal is able to connect critical base building services and enable data aggregation and integration that drives actionable insights to meet customer’s needs today and in the future. It is an honor to collaborate with our integration partner Andorix in their support of QuadReal’s standard-setting transformation and we are excited for the potential that the model they are pioneering has for transforming the economics and tenant experience for the entire industry.”
DZS has been a pioneer in the global PON market, able to deliver highly reliable, highest quality and extremely high-value solutions and component options at scale. Its new generation plug-and-play FiberLAN solutions portfolio leverages DZS Velocity optical line terminal (OLT) and access switches, paired with DZS Helix optical network terminals (ONTs) and an extensive range of complementary solution components tailorable to optimize virtually any deployment scenario. In relation to legacy copper infrastructure, DZS FiberLAN solutions are inherently less expensive, faster, more reliable, more compact, more discrete, more adaptable, longer-lasting, greener and more secure.
“Fiber-in-the-building is a mature market alternative to traditional active networks and has the power to transform enterprise buildings into something completely different from what they are today,” said Wayne Kim, Founder and CEO, Andorix. “Because of the unlimited bandwidth promise of fiber infrastructures, they are central to creating converged networks that integrate smart spaces, enable indoor 5G and support the sensor-driven facility systems of the future. We are excited to be partnering with DZS, a worldwide leader in Passive Optical LAN solutions, to deliver ultra-high-speed, low-latency fiber networks to transform and further differentiate QuadReal’s commercial portfolio across North America.”
For more information regarding DZS and its FiberLAN portfolio, visit Fiber LAN – DZS (dzsi.com) .
About DZS
DZS Inc. (NSDQ: DZSI) is a global leader of packet-based mobile transport, broadband access, network orchestration and cloud-native automation solutions. With more than 20 million products in-service and customers and alliance partners spanning more than 100 countries, DZS is helping many of the world’s most advanced and innovative service providers and enterprises leverage the power of 5G, 10gig fixed broadband, and software-defined networks to deliver cutting-edge services and lead in their markets.
DZS, the DZS logo, and all DZS product names are trademarks of DZS Inc. Other brand and product names are trademarks of their respective holders. Specifications, products, and/or product names are all subject to change.
This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Private Securities Litigation Reform Act of 1995. These statements reflect the beliefs and assumptions of the Company’s management as of the date hereof. Words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “plan,” “project,” “seek,” “should,” “target,” “will,” “would,” variations of such words, and similar expressions are intended to identify forward-looking statements. Readers are cautioned that these forward-looking statements are only predictions and are subject to risks, uncertainties and assumptions that are difficult to predict. The Company’s actual results could differ materially and adversely from those expressed in or contemplated by the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, those risk factors contained in the Company’s SEC filings available at www.sec.gov, including without limitation, the Company’s annual report on Form 10-K, quarterly reports on Form 10-Q and subsequent filings. In addition, additional or unforeseen affects from the COVID-19 pandemic and the global economic climate may give rise to or amplify many of these risks. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. DZS undertakes no obligation to update or revise any forward-looking statements for any reason.
For further information see: www.DZSi.com.
DZS on Twitter: https://twitter.com/dzs_innovation
DZS on LinkedIn: https://www.linkedin.com/company/DZSi/
About Andorix
Andorix is a smart building enabler and systems integrator for real estate properties. We help our customers maximize their property values by modernizing and optimizing their building operation with a focus on security, scalability and efficiency. Purpose-built for real estate operators, our vendor-agnostic digital infrastructure solution provides a platform to support 5G, IoT and future smart building technologies.
Press Inquiries:
McKenzie Hurst, Thatcher+Co.
Mobile: +1 408.888.6787
Email: [email protected]
Artificial Intelligence
Keyrus expands its data nearshore services connecting Portugal’s talent with the Dach Region, Netherlands and Nordic Countries
LISBON, Portugal, May 7, 2024 /PRNewswire/ — Keyrus, a global leader in data analytics and digital transformation, is proud to announce the consolidation of developing and delivering data solutions remotely from Portugal. After successfully demonstrating its expertise for over 3 years in the UK, France, and Belgium markets, Keyrus Portugal Nearshore is expanding its offering to the rest of Europe. This significant move establishes a seamless connection between the rich technological talent of Portugal and the robust markets of the Dach Region, Netherlands or Nordic Countries. This strategic initiative not only signifies Keyrus’ unwavering dedication to fostering digital innovation and transformation across the globe but also marks a milestone in its ongoing mission to bridge technological frontiers.
Keyrus Portugal’s focus on data nearshore services highlights the country’s competitive advantages, including its highly skilled technological talent, cutting-edge infrastructure, and geographical and cultural proximity to major European markets. These factors, combined with Keyrus’ deep experience and knowledge in data analytics, cloud solutions, ML, Gen AI, and digital solutions, ensure an unprecedented offering in terms of quality, efficiency, and value.
Javier Riera, Executive Director of Southern Europe at Keyrus, expresses excitement, “Consolidating our data nearshore services heralds a new era of collaboration, uniting Portugal’s top tech talent with leading European businesses. Our goal: deliver personalized resources, aligned with client needs, for efficient implementations and exceptional results.”
About Keyrus
Keyrus is a global consulting and technology company that focuses on making data matter, truly matter, from a human perspective. Since it is not only the data itself that matters, but the opportunities we can develop by leveraging it. A mere means to an end, data, whether big, small, human, complex, historical, prospective, only ever makes sense when it is used to develop experiences, shape understanding, make the best decisions. Our value proposition is founded upon five major groups of services, each comprising multiple offerings:
Automation and artificial intelligence. Human-centric digital experience. Data & analytics enablement. Cloud and security. Business transformation & innovation. At Keyrus, we help our clients to successfully transform themselves to build a better future.
Keyrus employs over 3500 employees and is based in 27+ countries across 4 continents.
Discover more about how Keyrus’ data nearshore services can revolutionize your business & data strategy by visiting nearshore.keyrus.com
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Artificial Intelligence
Promoting a Greener Future: Beny Becomes Official Sponsor of the Primeira Liga
MADRID, May 7, 2024 /PRNewswire/ — Beny recently announced that it has become the official sponsor of the Primeira Liga. This sponsorship will cover key events in the second quarter of the match. The announcement has drawn significant attention from both the business and sports communities, as it represents not only a commercial collaboration but also symbolizes the convergence of sports and environmental ideals. As the sponsor, Beny’s brand logo is prominently displayed on stadium fencing at the game venues, further enhancing brand visibility.
As a global leader in providing innovative new energy solutions, Beny’s product range includes photovoltaic DC power transmission and distribution, smart EV charging, and micro energy system, among other fields. With its mission to “Empowering the safe advancement of the new energy sector through AI,” Beny strives to contribute to the global energy transition through technological innovation.
Following Beny’s announcement of becoming the official sponsor, industry experts view this partnership not just as a business venture but also as a powerful statement that sports and environmental initiatives can work hand-in-hand to promote sustainable development. Beny’s General Manager, Jundan Wang, commented on the collaboration, stating, “This is a great opportunity to use football as a platform to spread the idea of green energy to a broader audience. We look forward to seeing players deliver stellar performances in the upcoming games, while Beny continues to innovate in the sustainable energy field, driving industry growth.”
Football is one of the most popular sports in the world, capable of uniting people from diverse backgrounds. This aligns with our aspiration: to offer a more sustainable future to global consumers. The Primeira Liga is renowned for its intense competition, technical excellence, and deep impact on fans. Through its sponsorship of game, Beny hopes to raise awareness and acceptance of green energy among fans, encouraging more people to engage in sustainable practices and contribute to a greener future.
The partnership with the Primeira Liga offers new opportunities and possibilities for both parties. This collaboration represents a win-win situation, not only advancing football as a sport but also supporting global efforts towards a sustainable energy transition. We look forward to witnessing the competitive spirit in the upcoming games and seeing both Beny and the Primeira Liga leave a lasting impression in their respective fields.
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Artificial Intelligence
Persistent Transforms Enterprise Data Management with iAURA, a Portfolio of AI-Powered Data Solutions
SANTA CLARA, Calif. and PUNE, India, May 7, 2024 /PRNewswire/ — Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT), a global Digital Engineering and Enterprise Modernization leader, announced the launch of Persistent iAURA, a suite of AI-powered data solutions engineered to catalyze business growth. iAURA empowers businesses with seamless deployment and precision in addressing data challenges for AI implementations. The solutions harness AI and ML to uncover hidden patterns, enabling data-driven decision-making, enhanced business intelligence, and automated data quality assurance and reconciliation.
In today’s data-driven world, businesses face challenges in handling large amounts of data while ensuring quality, governance, and cost control, often requiring specialized technical expertise. These challenges hinder strategic decision-making and impede growth, especially with the rise of AI, which requires access and integration of large amounts of high-quality data. As businesses aim to utilize AI, they face obstacles in utilizing data, including extracting actionable insights, ensuring quality, and automating migration processes. iAURA offers tailored solutions, expediting the transition to AI-driven enterprises, providing a comprehensive approach from data ingestion to insights using analytics and accelerators.
The AI-first solutions for complete enterprise data management in the iAURA portfolio include:
iAURA Insights empowers teams to talk to their data in natural language and get relevant business insights.iAURA Migrate automates and accelerates migration and modernization of data technologies using GenAI-enabled tools. It is a comprehensive suite of solutions that spans across Business Intelligence, ETL, Data Warehouse, among others.iAURA Data Ops ensures AI-driven data quality, data reconciliation, and data freshness.iAURA Platforms aid clients in managing tool choice, governance, security, and cost through data and AI platform services.In initial engagements, the benefits of iAURA have been substantial. With iAURA Insights, Persistent developed virtual agents driven by GenAI to seamlessly guide users on a step-by-step journey from business requirements to proposals. This enabled a leading pharmaceutical company to accelerate proposal response time by 90%.
iAURA is compatible with all major hyperscaler platforms and all leading LLM providers, giving clients the flexibility to deploy on their preferred choice of technologies. By combining advanced software solutions, robust platform capability, and deep implementation expertise, iAURA provides clients with unparalleled agility in deployment models. It integrates Persistent’s IP as accelerators and APIs, ensuring seamless integration and optimal performance.
Bidish Sarkar, Senior Vice President – Data and Analytics, Persistent:”We’re excited to introduce iAURA, a cutting-edge suite of AI-powered data solutions engineered to propel business growth. iAURA optimizes enterprise data management, accelerating the transformation from data ingestion to actionable insights. This enhancement empowers enterprises to expedite their decision-making, time to market, and accelerates the journey to scale GenAI use cases.”
Nandini Tare, Associate Practice Lead, Digital Engineering, HFS Research: “Data plays a critical role in GenAI solutions, accessing enterprise data and driving insights from it is one of the challenges that organizations face in today’s fast paced technology landscape. Persistent’s iAURA, unlocks the true potential of data. It drives growth by empowering organizations to make informed data driven decisions. Its seamless integration and compatibility with all hyperscalers bring flexibility of infrastructure and the ability to contextualize and visualize data accelerates insights for better decision making. The iAURA suite of solutions truly brings a strong proposition that transforms enterprise data into valuable outcomes.”
About Persistent
With over 23,800 employees located in 21 countries, Persistent Systems (BSE & NSE: PERSISTENT) is a global services and solutions company delivering Digital Engineering and Enterprise Modernization. As a participant of the United Nations Global Compact, Persistent is committed to aligning strategies and operations with universal principles on human rights, labor, environment, and anti-corruption, as well as take actions that advance societal goals. With 268% growth since 2020, Persistent is the fastest-growing Indian IT Services brand according to Brand Finance.
www.persistent.com
Forward-looking and Cautionary Statements
For risks and uncertainties relating to forward-looking statements, please visit persistent.com/flcs
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